ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for ENSUSDT
According to our previous analysis on April 22, we can observe that here we have a profit around 17% up to the present. Now it is clear that the price formed a long-term resistance line (R2) and after touching this line and having a failure in break, it faced a heavy fall down to the second support line as you see in our chart. Then by starting its rising trend, we formed another support line (S1) which shows the support of the price at several points. At the present, the price is fluctuating over our first support line and we predict it to rise over the first resistance line and then when it is fixed there, it will move toward the second resistance line. Even it is possible for the price to move downward and then have a pull back to the first support line and continue its falling trend and face more decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ENSUSDT
ENSUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ENSUSDT
According to our last analysis on May 1, we expected more fall for the price and now at the current chart you observe that our expectation came true. At the present, the price could fluctuate below the first support line and now it is moving toward the lost support line. We believe it will complete its pull back trend and touch the first resistance line and then face more decline. But in case it moves above the first resistance line, we will predict more rise for the price up to the second resistance line.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
THE 6x long term coin : ENSThe coin is now into a breakdown trend - this coin could change coming time in better range, and can even hit the 60 USD in the long term.
It's a long-term project with a solid goal.
There is no guarantee in the markets - but if we read the goal of this project, it has an option that it can become in the long term a hype.
The . ETH domainnames register is ENS.
ENS even with this breakdown trend will stay a very important coin for the long term.
UNTIL NOW - TRX AND ENS ARE THE KEY COINSWe have seen a bear trend on more coins - TRX and ENS are still in their important zones,
and as did add in the previous update - These 2 coins show a breakout show for the long term.
ENS - known from the ETH domain names register - where users are able to use a wallet with short numbers as the main wallet in place of long characters.
TRX on the technical side seems to wait for a new breakout.
We all as traders know how the markets can affect, there is no guarantee in markets, its always good to follow the last trends so at last, you will have an idea.
So coming times it's interesting to see how this will play out - as technical is good.
TRX AND ENS - THE COINS WITH THE HIGH CHANCE - TRADING TIMETRX And ENS depending on trading study movement - shows it has a high chance for a long-term hype trend - for more reasons.
The technical side
The updated side
TRX shows a strong technical view for the coming time - of course, is this not a guarantee, but its an option to follow the trend.
About ENS - the new hype trend looks to have a start. the ENS domains that get now registered on the open sea could bring a higher effect.
Let's shine the light on these 2 coins by this update tradingview - and this is not for no reason - it's because these coins have what to show.
it's a long-term update - markets change all time - buts it's a technical follow.
Do you also expect the same? then write for yourself why you base that, because that would be a great point for next breakouts - if this playout is right, it means your study or tools did work for this time.
And as always - markets change on their way sometimes up and down - that's why a plan is a must.
Exit at 32.5, Enter 15.22 for the next bullish wave.Depending on the structure of the chart, ens will have two return uptrends over the next two weeks.
The first climb in the range of 32.5 will hit heavy resistance and will return to the price level of 15.22 again.
The next bullish wave starts after this fall and will continue in the range of 65.8.
ENS : Would this bring us to next hype level? 100 usdENS shows movement volume into small range trading
The long-term goal of 100 USD + is a possible trend - total cap low - and the project has an interesting end goal.
Short-term goal 30-44 USD ( never hope on fast changes, as markets can take in some bear markets a long time before recovery - even on that reason this looks interesting.
Breakout chance 77%
Why increase?
- ENS shows volume movement and good technical signals
- open-sea shows also more increasing on.ETH domains - where this project stands behind it.
This can become in long term a hyped trend - but know the same time the risk of cryptomarkets.
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time. - this last one is very important.